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Hybrid Power Solutions Market Analysis By System Type, By Power Rating (Up to 10kW, 11kW - 100kW, Above 100kW), By End-use (Residential, Commercial, Telecommunication), And Segment Forecasts, 2014 - 2025

Hybrid Power Solutions Market Analysis By System Type, By Power Rating (Up to 10kW, 11kW - 100kW, Above 100kW), By End-use (Residential, Commercial, Telecommunication), And Segment Forecasts, 2014 - 2025

The global hybrid power solutions market is expected to be valued at USD 1.35 billion by 2025, according to a new report by Grand View Research, Inc. Hybrid power solutions are increasingly used owing to advantages such as less fuel consumption and low electrification rates.

Hybrid power solution systems incorporate more than one type of power source and designed for the generation of centralized electricity grid. They are used to provide energy to many remote areas in developing countries such as India. In addition, the system possesses an ability to offset disadvantages such as fuel flexibility, CO2 emissions, and reliability. The systems are manufactured to achieve desired attributes at lower cost and maximum efficiency, which in turn is expected to fuel the market growth over the forecast period.

Solar-diesel system type was the largest segment in 2016 and valued at USD 216.1 million. The solar energy and diesel hybrid systems provide energy by using solar irradiance, which is both free & abundant. These systems can be used in various industrial applications such as road lighting and fishing boats. In comparison to gensets systems, solar-diesel provide numerous advantages as they have the capability to minimize CO2 emissions and also reduce the risks associated with increasing fuel prices.

Several companies in the U.S., such as Bergey Wind Power Company (BWC); Integrated Power Corporation (IPC); and New World Power Corporation (NWPC), are investing heavily in the product and market development activities, which includes the development of equipment necessary for providing electricity to remote areas. In a bid to lure more customers, companies are focusing on novel product development.

Further key findings from the report suggest:

  • The global hybrid power solutions market was valued at USD 1,352.4 million by 2025 and is estimated to denote a CAGR of 9.5% from 2017 to 2025
  • The global demand for wind-diesel system type was valued at USD 180.4 million in 2016. The segment is anticipated to record steady growth over the next 8 years.
  • Commercial sector is anticipated to be the fastest-growing segment, by end use, ascending at a CAGR of 9.9% over the next 8 years
  • The Middle East and Africa is anticipated to progress at a CAGR of 9.6% over the forecast period. Growing government initiatives toward power generation through renewable sources are expected to boost the demand for solutions in the coming years.
  • Key players of the market include Siemens AG; SMA Solar Technologies AG; Danvest Energy A/S; Alpha Power Solutions; and PFISTERER Holding AG. These players often engage in the research & development activities in order to expand their product portfolios and gain larger market shares.


Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope and assumptions
1.3 List of data sources
Chapter 2 Executive Summary
2.1 Hybrid Power Solutions market - Industry snapshot
Chapter 3 Hybrid Power Solutions Market Variables, Trends, and Scope
3.1 Market segmentation & scope
3.2 Penetration & growth prospect mapping
3.3 Value chain analysis
3.4 Economic Aspects
3.5 Market dynamics
3.6 Market driver analysis
3.6.1 Hybrid power solutions - Key market driver impact
3.6.1.1 Reduction of Carbon Emission
3.6.1.2 Reduced operational and maintenance cost`
3.6.2 Hybrid power solutions - Key market restraints impact
3.6.2.1 High initial investment
3.7 Key opportunities prioritized
3.8 New market avenues
3.9 Industry analysis - Porter’s
3.10 PESTEL analysis
Chapter 4 Hybrid Power Solutions Market: System Type Estimates & Trend Analysis
4.1 Hybrid Power solutions market share, by system type, 2016 & 2025
4.2 Solar-Diesel
4.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
4.3 Wind-Diesel
4.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
4.4 Solar-wind-Diesel
4.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
4.5 Others
4.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 5 Hybrid Power Solutions Market: Power Rating Estimates & Trend Analysis
5.1 Hybrid Power Solutions market share, by power rating, 2016 & 2025
5.2 Up to 10kW
5.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
5.3 11kW-100kW
5.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
5.4 Above 100kW
5.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 6 Hybrid Power Solutions Market: End-use Estimates & Trend Analysis
6.1 Hybrid Power Solutions market share, by End-use, 2016 & 2025
6.2 Residential
6.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.3 Commercial
6.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.4 Telecommunication
6.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.5 Others
6.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 7 Hybrid Power Solutions Market: Regional Estimates & Trend Analysis
7.1 Market share by region, 2014 & 2025
7.2 North America
7.2.1 Market estimates & forecasts, 2014 - 2025
7.2.2 Market estimates & forecasts by system type, 2014 - 2025 (USD Million)
7.2.3 Market estimates & forecasts by power rating, 2014 - 2025 (USD Million)
7.2.4 Market estimates & forecasts by end-use, 2014 - 2025 (USD Million)
7.2.5 U.S.
7.2.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
7.2.5.2 Market estimates and forecasts, by system type, 2014 - 2025 (USD Million)
7.2.5.3 Market estimates and forecasts, by power rating, 2014 - 2025 (USD Million)
7.2.5.4 Market estimates and forecasts, by end-use, 2014 - 2025 (USD Million)
7.3 Europe
7.3.1 Market estimates & forecasts, 2014 - 2025
7.3.2 Market estimates & forecasts by system type, 2014 - 2025 (USD Million)
7.3.3 Market estimates & forecasts by power rating, 2014 - 2025 (USD Million)
7.3.4 Market estimates & forecasts by end-use, 2014 - 2025 (USD Million)
7.3.5 UK
7.3.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
7.3.5.2 Market estimates and forecasts, by system type, 2014 - 2025 (USD Million)
7.3.5.3 Market estimates and forecasts, by power rating, 2014 - 2025 (USD Million)
7.3.5.4 Market estimates and forecasts, by end-use, 2014 - 2025 (USD Million)
7.3.6 Germany
7.3.6.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
7.3.6.2 Market estimates and forecasts, by system type, 2014 - 2025 (USD Million)
7.3.6.3 Market estimates and forecasts, by power rating, 2014 - 2025 (USD Million)
7.3.6.4 Market estimates and forecasts, by end-use, 2014 - 2025 (USD Million)
7.4 Asia Pacific
7.4.1 Market estimates & forecasts, 2014 - 2025
7.4.2 Market estimates & forecasts by system type, 2014 - 2025 (USD Million)
7.4.3 Market estimates & forecasts by power rating, 2014 - 2025 (USD Million)
7.4.4 Market estimates & forecasts by end-use, 2014 - 2025 (USD Million)
7.4.5 China
7.4.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
7.4.5.2 Market estimates and forecasts, by system type, 2014 - 2025 (USD Million)
7.4.5.3 Market estimates and forecasts, by power rating, 2014 - 2025 (USD Million)
7.4.5.4 Market estimates and forecasts, by end-use, 2014 - 2025 (USD Million)
7.4.6 India
7.4.6.1 Market estimates and forecasts,2014 - 2025 (USD Million)
7.4.6.2 Market estimates and forecasts, by system type,2014 - 2025 (USD Million)
7.4.6.3 Market estimates and forecasts, by power rating,2014 - 2025 (USD Million)
7.4.6.4 Market estimates and forecasts, by end-use,2014 - 2025 (USD Million)
7.4.7 Japan
7.4.7.1 Market estimates and forecasts,2014 - 2025 (USD Million)
7.4.7.2 Market estimates and forecasts, by system type,2014 - 2025 (USD Million)
7.4.7.3 Market estimates and forecasts, by power rating,2014 - 2025 (USD Million)
7.4.7.4 Market estimates and forecasts, by end-use,2014 - 2025 (USD Million)
7.5 Central and South America (CSA)
7.5.1 Market estimates & forecasts, 2015 - 2025
7.5.2 Market estimates & forecasts by system type, 2015 - 2025 (USD Million)
7.5.3 Market estimates & forecasts by power rating, 2015 - 2025 (USD Million)
7.5.5 Market estimates & forecasts by end-use, 2015 - 2025 (USD Million)
7.5.6 Brazil
7.5.6.1 Market estimates and forecasts, 2015 - 2025 (USD Million)
7.5.6.2 Market estimates and forecasts, by system type, 2015 - 2025 (USD Million)
7.5.6.3 Market estimates and forecasts, by power rating, 2015 - 2025 (USD Million)
7.5.6.5 Market estimates and forecasts, by end-use, 2015 - 2025 (USD Million)
7.6 Middle East and Africa (MEA)
7.6.1 Market estimates & forecasts, 2016 - 2025
7.6.2 Market estimates & forecasts by system type, 2016 - 2025 (USD Million)
7.6.3 Market estimates & forecasts by power rating, 2016 - 2025 (USD Million)
7.6.4 Market estimates & forecasts by end-use, 2016 - 2025 (USD Million)
7.6.5 Saudi Arabia
7.6.5.1 Market estimates and forecasts, 2016 - 2025 (USD Million)
7.6.5.2 Market estimates and forecasts, by system type, 2016 - 2025 (USD Million)
7.6.5.3 Market estimates and forecasts, by power rating, 2016 - 2025 (USD Million)
7.6.5.4 Market estimates and forecasts, by end-use, 2016 - 2025 (USD Million)
Chapter 8 Competitive Landscape
8.1 Vendor landscape
8.2 Competitive environment
8.3 Strategy framework
Chapter 9 Company Profiles
9.1 Siemens AG
9.1.1 Company overview
9.1.2 Financial performance
9.1.3 Product benchmarking
9.1.4 Strategic initiatives
9.2 SMA Solar Technology AG
9.2.1 Company overview
9.2.2 Financial performance
9.2.3 Product benchmarking
9.2.4 Strategic initiatives
9.3 Danvest Energy A/S
9.3.1 Company overview
9.3.2 Product benchmarking
9.3.3 Strategic initiatives
9.4 Alpha Power Solutions
9.4.1 Company overview
9.4.2 Product benchmarking
9.5 ZTE Corporation
9.5.1 Company overview
9.5.2 Financial performance
9.5.3 Product benchmarking
9.6 Ormat
9.6.1 Company overview
9.6.2 Financial performance
9.6.3 Product benchmarking
9.7 AEG Power Solutions
9.7.1 Company overview
9.7.2 Product benchmarking
9.8 PFISTERER Holding AG
9.8.1 Company overview
9.8.2 Product benchmarking
9.9 Repowering Solutions
9.9.1 Company overview
9.9.2 Product benchmarking
9.10 ReGen Powertech
9.10.1 Company overview
9.10.2 Product benchmarking
List of Tables
TABLE 1 Global solar-diesel market estimates and forecasts, 2016 - 2025 (USD Million)
TABLE 2 Global wind-diesel market estimates and forecasts, 2016 - 2025 (USD Million)
TABLE 3 Global solar-wind-diesel market estimates and forecasts, 2016 - 2025 (USD Million)
TABLE 4 Global others market estimates and forecasts, 2016 - 2025 (USD Million)
TABLE 5 Global up to 10kW market estimates and forecasts, 2016 - 2025 (USD Million)
TABLE 6 Global 11kW-100kW market estimates and forecasts, 2016 - 2025 (USD Million)
TABLE 7 Global above 100kW market estimates and forecasts, 2016 - 2025 (USD Million)
TABLE 8 Global residential market estimates and forecasts, 2016 - 2025 (USD Million)
TABLE 9 Global commercial market estimates and forecasts, 2016 - 2025 (USD Million)
TABLE 10 Global telecommunication market estimates and forecasts, 2016 - 2025 (USD Million)
TABLE 11 Global others market estimates and forecasts, 2016 - 2025 (USD Million)
List of Figures
FIG. 1 Hybrid power solutions market share, 2016 (USD million)
FIG. 2 Hybrid power solutions market segmentation
FIG. 3 Hybrid power solutions market, 2016 - 2025 (USD million)
FIG. 4 Hybrid power solutions value chain analysis
FIG. 5 Hybrid power solutions market dynamics
FIG. 6 Global carbon emission- fossil fuel & cement (2011 - 2016) (gigatons of carbon)
FIG. 7 Key opportunities prioritized
FIG. 8 Hybrid power solutions market - New market avenues
FIG. 9 Hybrid power solutions - Porter’s analysis
FIG. 10 Hybrid power solutions - PESTEL analysis
FIG. 11 Hybrid Power Solutions Market Share, by System Type, 2016 & 2025 (USD Million)
FIG. 12 Hybrid Power Solutions Market Share, by power rating, 2016 & 2025 (USD Million)
FIG. 13 Hybrid Power Solutions Market Share, by End-use, 2016 & 2025 (USD Million)
FIG. 14 Competitive environment
FIG. 15 Competitive strategy adopted by companies

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